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China's biometric identification sector has been experiencing a surge in demand for its services in recent years, according to ibaogao.com, a market research report website. In 2015, its revenue reached more than 10 billion yuan (.6 billion), and the figure is expected to hit 30 billion yuan by 2020, with a compound annual growth rate of 24.6 percent.

China will work with Southeast Asian nations to make the South China Sea a sea of peace, friendship and cooperation. (Excerpts from Xi's speech at the opening ceremony of the fifth Foreign Ministers' Meeting of the Conference on Interaction and Confidence Building Measures in Asia held in Beijing in April, 2016)

China's affluent upper-middle-income people, especially young consumers, present a promising prospect for the world's designer brands and they are set to be the driving force of global spending on high-end shoes, bags, fashion, jewelry, and watches.

China's Ant Financial Services Group reached a strategic partnership agreement and signed a Memorandum of Understanding with Norwegian Telenor Group in an effort to bring mobile payment and inclusive financial services to individuals and small and micro businesses in Pakistan.

China's FAI saw slower growth in the first seven months of this year, but the overall situation remains steady.